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Poverty fight stagnates In Malawi—world bank
May 20, 2021
Poverty fight stagnates In Malawi—world bank
The World Bank says Malawi’s progress in addressing poverty has stagnated over the last 15 years, which is in contrast…
Court orders RBM to amend its application
May 19, 2021
Court orders RBM to amend its application
The High Court has ordered the Reserve Bank of Malawi (RBM) to amend its application by suing the Public Procurement…
Informal sector key to Recovery—world bank
May 19, 2021
Informal sector key to Recovery—world bank
The World Bank says with 89 percent of private sector firms in the informal economy, Malawi’s recovery will be delayed…
Remittances drop Hits households
May 18, 2021
Remittances drop Hits households
A new report shows that 80 percent of households in Malawi experienced a decline in remittances, a situation experts fear could…
Report shows Treasury borrowed K124bn in Jan
May 18, 2021
Report shows Treasury borrowed K124bn in Jan
Net credit to central government from commercial banks grew by 16.9 percent or K124.1 billion to K857.3 billion in January…
Tobacco Commission unveils new buyer
May 17, 2021
Tobacco Commission unveils new buyer
Tobacco Commission (TC) on Friday unveiled a Serbian tobacco buying company called Tobacco Industry of Bujanovac (TIB). The company is…
Bad start for Fiscus in H2
May 17, 2021
Bad start for Fiscus in H2
Treasury has started the second half (H2) of the 2020/21 financial year with a 30.6 percent or K45.8 billion revenue…
Farmers losing out on maize minimum prices
May 15, 2021
Farmers losing out on maize minimum prices
Retail maize prices declined by six percent to an average of K171 per kilogramme (kg), published International Food Policy Research…
Local Banks In Cautious Lending
May 15, 2021
Local Banks In Cautious Lending
Private sector credit declined by seven percentage points to 16.8 percent in the first quarter—January to March 2021—published “The quarterly…
Gloomy outlook for Q2
May 14, 2021
Gloomy outlook for Q2
Reserve Bank of Malawi (RBM) says the local unit will depreciate by about 2.2 percent in the second quarter (April…